News list for " System Committee"
At the plenary meeting of the tax system committee and tax system research committee of the Liberal Democratic Party and Komeito Party of Japan, the outline of tax reform for fiscal year 2025 (Reiwa 7 years) was finalized. Takuya Hirai, the first digital minister of the Liberal Democratic Party, visited the Financial Services Agency and presented to the Financial Services Agency...
Japan's Financial Services Agency (FSA) recently put forward some ideas on cryptocurrencies and stablecoins to the Financial System Commission's Payment Services Working Group, mentioning reluctance to allow banks other than trust banks to issue stablecoins. For stablecoins issued by trust banks, the FSA wants to relax the current reserve requirement that all assets must be held in the form of bank demand deposits....
